Baltimore 711 Franchise Owners
- Assets
- $163.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Parkville, MD
- Founding
- 06/1985
- Data as of
- 08/2022
- EIN
- 52-1356391
Organization Overview
Baltimore 711 Franchise Owners is located in Parkville, MD. The organization was established in 1985. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baltimore 711 Franchise Owners is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 08/2022, Baltimore 711 Franchise Owners generated $16.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $16.5k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
REGULAR MEETINGS TO EDUCATE FRANCHISEES OF CHANGES IN THEIR BUSINESS COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wilma Lim Treasurer | 1 | $0 | |
Barbara Graham President | 3 | $0 | |
Syed Bokhari Vice President | 1 | $0 | |
Gurkirpal Singh Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,440 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $11 |
| Total Revenue | $16,451 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $980 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,480 |
| Total expenses | $16,460 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $163,910 |
| Other assets | $0 |
| Total assets | $163,910 |
| Total liabilities | $0 |
| Net assets or fund balances | $163,910 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Building Owners & Managers Association International Washington, DC | $10,066,199 | $10,463,881 |
Pradera Corporation Philadelphia, PA | $3,527,505 | $9,032,798 |
Association Of Home Appliance Manufacturers Washington, DC | $12,645,555 | $8,881,319 |
Cecelia Housing Inc Bethesda, MD | $234,000 | $4,045,313 |
Kingstowne Residential Owners Corporation Alexandria, VA | $8,910,767 | $6,278,825 |
Burke Centre Conservancy Burke, VA | $14,310,013 | $6,077,723 |
The Fairness Project Washington, DC | $1,253,311 | $5,316,361 |
Aquia Harbour Property Owners Association Inc Stafford, VA | $11,909,044 | $4,683,038 |
Stone Ridge Association Inc Stone Ridge, VA | $6,806,491 | $4,345,999 |
Intellectual Property Owners Association Washington, DC | $8,094,765 | $4,784,749 |
Delaware Standardbred Owners Association Inc Dover, DE | $7,923,561 | $1,227,803 |
National Home Infusion Association Alexandria, VA | $2,376,501 | $3,671,992 |